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Jan 26, 2013
01/13
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president obama wants to spend more on education. that's tough. so these cuts go into effect, but they might find very quickly that it's very difficult to actually implement them. >> last thing here to you, chris, we're hearing about a couple of senators not going to be -- not going to seek re-election. talking about harkin, saxby chambliss. chambliss cited the gridlock in washington as part of the reason him wanting to step away. get your reaction to both of these men not seeking re-election. and also what are your thoughts on chambliss actually citing what's happening in washington as part of the reason for him wanting to get out of there? >> i think what we're seeing right now is a generational change in washington. chambliss and harkin and guys like that are part of that change. and it's interesting particularly in chambliss's case as you point out he does cite the partisan gridlock. but he's also part of that old republican guard. he's very close friends with house speaker john boehner for example. i think you're going to see as the republica
president obama wants to spend more on education. that's tough. so these cuts go into effect, but they might find very quickly that it's very difficult to actually implement them. >> last thing here to you, chris, we're hearing about a couple of senators not going to be -- not going to seek re-election. talking about harkin, saxby chambliss. chambliss cited the gridlock in washington as part of the reason him wanting to step away. get your reaction to both of these men not seeking...
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Jan 27, 2013
01/13
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those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will be no 11th hour deal. >> it is just a bargain position and it is not going to necessarily unfold that way. there are no absolute right now. it is early in yet another chapter of the on going rangles we have been having. so i would put no more into it. it is a prediction and i don't think either side has anything to gain. remember the virginia economy, a lot of places very dependent on defense and other industries, neither side will look good if they cannot make an agreement. it is a prediction but one that i don't necessarily think will be true. >> david cuts wo
those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will...
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Feb 1, 2013
02/13
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no one was particularly excited even the people who were in his camp when it comes to defense spending. >> i mean, the main reason for this nomination was to stick a finger in john mccain's eye. they have succeeded in that. >> do you really think that? >> i don't think it's between obama and hagel. >> not the only -- >> i hope it's not. >> you -- you've -- you're known to orbit around the white house from time to time. >> right. >> when the soup of the day is particularly tasty. i'm kidding. this is all out of love. glen -- >> potato cheddar. >> do you buy that line of argument from ben that this is sticking a finger in john mccain's eye, the hagel nomination, because we've been led to believe that there is a close saysness and a rep twar between the president and chuck hagel and that's why -- >> there are a lot of fingers being stuck in various eyes here. one of the other ones is apac, the fact that they got apac to sit on their hands on this nomination, and the israel, not the jewish lobby, hasn't really weighed in in a meaningful way on this is a big deal for the white house, but, y
no one was particularly excited even the people who were in his camp when it comes to defense spending. >> i mean, the main reason for this nomination was to stick a finger in john mccain's eye. they have succeeded in that. >> do you really think that? >> i don't think it's between obama and hagel. >> not the only -- >> i hope it's not. >> you -- you've -- you're known to orbit around the white house from time to time. >> right. >> when the soup...
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Jan 27, 2013
01/13
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they have been wanting to cut defense spending for a long time. i think this is explained in a clear way. >> what is your must read? >> mine is the interview with president obama. there are a few topics. i was focused on the president's comment that gun safety advocates should listen more to the concerns of responsible gun owners if they are going to get anything done. it is totally doable. most gun owners support common sense regulations to keep guns out of the hands of people who shouldn't have them. this would be a smart way to move forward and get something done. >> such a common sense thing that we can take it up on so many topics and we sat down and listened and respected the person on the other side of the argument. president talked a little bit about skeet shooting. interesting read. you tell me. >> back in 2004 president bush won reelection and it was how brilliant the campaign was and how the democrats said never again will we be defeated. we must emulate president bush's campaign. there was a story about how republicans are saying we ne
they have been wanting to cut defense spending for a long time. i think this is explained in a clear way. >> what is your must read? >> mine is the interview with president obama. there are a few topics. i was focused on the president's comment that gun safety advocates should listen more to the concerns of responsible gun owners if they are going to get anything done. it is totally doable. most gun owners support common sense regulations to keep guns out of the hands of people who...
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Jan 24, 2013
01/13
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bush, more spending. obama, less spending. that is what is true. >> it's clear the president is not serious about cutting spending. but spending is the problem. >> we've got to stop the president on this issue. he is an out-of-control train right now on spending. >> the president remains committed to an agenda that calls for ever higher spending, a government that is out of control. >> the president wants to pretend that spending isn't the problem. >> it is a spending problem. and the president wants to increase taxes to continue the spending. >> these democrats are going to spend us right into bankruptcy. they're not serious about getting things under control and stopping the spending. >> the white house is so unserious about cutting spending. >> none of that is true. i mean, to the extent that true means attached to facts. here is spending under bush. here is spending under clinton. here is how spending has dropped under president obama. these guys were not mad about george w. bush's big spike in spending, buzz they have dec
bush, more spending. obama, less spending. that is what is true. >> it's clear the president is not serious about cutting spending. but spending is the problem. >> we've got to stop the president on this issue. he is an out-of-control train right now on spending. >> the president remains committed to an agenda that calls for ever higher spending, a government that is out of control. >> the president wants to pretend that spending isn't the problem. >> it is a...
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Jan 26, 2013
01/13
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and the spending they want to increase is gutted. and this is a kind of insane outcome that is the consequence of the gop's no tax budget. they could get a deal from the obama administration that would cut into medicare and social security and all of these other programs in ways liberals would hate. and republicans would find somewhat congenial, as long as they also agreed to raise taxes. and they don't even need to agree to raise tax rates, that has already been done. they just need to get rid of the loopholes, but they won't, this is a corner they backed themselves into having lost an election and being tied to this ridiculous tax pledge. they are so desperate for leverage, for a hostage, that they can actually shoot that they're willing to point the gun at their own head and threatening to point the trigger. coming up, virginia is for cheaters, at least when it comes to electoral votes. it is aspsilooking to be the pl where you can take the electoral votes, seriously. and one thing in particular, we are crazy in love with. that is
and the spending they want to increase is gutted. and this is a kind of insane outcome that is the consequence of the gop's no tax budget. they could get a deal from the obama administration that would cut into medicare and social security and all of these other programs in ways liberals would hate. and republicans would find somewhat congenial, as long as they also agreed to raise taxes. and they don't even need to agree to raise tax rates, that has already been done. they just need to get rid...
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Jan 28, 2013
01/13
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downgrades, falling revenues and perpetual increases in mandatory spending. instead, the president is teeing up partisan legislative battles with republicans in hopes of -- but as a measurement of the president's seriousness, his second inaugural address can only be seen as a grand failure that missed yet another historic opportunity to call americans together in the name of shared sacrifice. and richard haass, there is another opportunity, which would be the state of the union which i'm sort of banking on. >> traditionally inaugurals are the poetry, and then the state of the union becomes the prose. and the president did not prepare for educate the american people about some of the tough decisions to come, particularly on medicare and medicaid. so the real question going forward for the state of the union is whether he essentially addresses that. and whether he -- because we've still got more than, i think, more than $2 trillion in serious cuts to be made to entitlements over the next decade. and we've done a lot of the tax. we really can't get there through
downgrades, falling revenues and perpetual increases in mandatory spending. instead, the president is teeing up partisan legislative battles with republicans in hopes of -- but as a measurement of the president's seriousness, his second inaugural address can only be seen as a grand failure that missed yet another historic opportunity to call americans together in the name of shared sacrifice. and richard haass, there is another opportunity, which would be the state of the union which i'm sort...
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Jan 31, 2013
01/13
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they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this is the very last time anybody will talk about this number in washington right here. >> we're making history. >> right. >> rona, the, sequestration debate, armageddon, whatever you want to call it, has been tossed around in a variety of different fashions, especially on the right because initially it was seen -- we cannot do this. defense cuts disproportionately hurt the gop, and, yet, now there is sort of maybe the sense that they will let sec west rags go ahead. mr. boehner says he has significant republican support, including gop defense hawks, on the side of letting the gop work.
they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this...
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Jan 26, 2013
01/13
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and he will block president obama's agenda. it's basically selling out the efforts of the progressives in this country, in my opinion. let's turn to senator bernie sanders of vermont, who is the only member of the democratic caucus to vote against the so-called filibuster reform. senator, good to have you with us tonight. i'd like you to respond to that fundraising letter of mitch mcconnell. i mean, are things going to change? are we going to see the same old mitch? >> look, at the end of the day, what that legislation did is made it easier for some cabinet appointees to take their jobs. that's important. it's going to speed up the process in the senate. that's important. but at the end of the day, ed, this country faces enormous economic crises. we've got to deal with global warming. we've got to deal with education. we have to deal with deficit reduction. we are not going to be able to do what the american people want if we have to get 60 votes. and as a result of that agreement, we're going to continue to have to get 60 vote
and he will block president obama's agenda. it's basically selling out the efforts of the progressives in this country, in my opinion. let's turn to senator bernie sanders of vermont, who is the only member of the democratic caucus to vote against the so-called filibuster reform. senator, good to have you with us tonight. i'd like you to respond to that fundraising letter of mitch mcconnell. i mean, are things going to change? are we going to see the same old mitch? >> look, at the end of...
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Jan 29, 2013
01/13
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the gang of eight bill will be the main vehicle with president obama's backing. if you need an example of why republicans need to get on this issue, nevada started the 2012 election as a swing state. by the end of it neither party was spending money there because the hispanic community was so aligned with the democratic candidate that mitt romney couldn't compete. it went the way of new mexico in 2008, and i think republicans recognized that this is a first step. simply signing on to immigration reform doesn't mean they're going to win 70% of the hispanic vote, but they need to get this issue behind them because electorally speaking they would struggle for a decade or two decades if they don't. sxwro we've seen a mood swing. republicans know they have to get right on this, and this is why you're seeing this coalition come together so quickly. there's support for it. there's a new cbs news poll that shows that a majority, 51%, believe in a path to sit sfwlenship. there's only 24% that say the undocumented immigrant should get out. >> that will be one of the final
the gang of eight bill will be the main vehicle with president obama's backing. if you need an example of why republicans need to get on this issue, nevada started the 2012 election as a swing state. by the end of it neither party was spending money there because the hispanic community was so aligned with the democratic candidate that mitt romney couldn't compete. it went the way of new mexico in 2008, and i think republicans recognized that this is a first step. simply signing on to...
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Jan 31, 2013
01/13
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it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth quarter. >> hey, the stock is up 70%, 7-0, since september, joe. mobile ad revenue is up. that's what everyone wants to see. 70% the stock is up since september. mobile ad revenue up 23%, which is accelerating. look around the table, okay. mika with her iphone, iphone -- >> soon to be samsung. >> barnicle, you've got an abacus, i've got an iphone, but there's two laptops. that's the
it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama...
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Jan 25, 2013
01/13
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it grew $6 trillion under barack obama over the past term. and try to avoid some of these other issues. but i hear bobby jindal's new federalism on crack talking about cutting federal employees by three-quarters, et cetera, et cetera. that ain't going to happen. with the changing demographics and where america is and where it's going over the next 20 every 30 years. >> that's the issue. if you separate it, i think the first part not being the stupid party anymore is sort of a no-brainer. why would you go around insulting important interest groups. >> women. >> yeah, the 47%, all that stuff. but then you get to his policy proposals, and i don't think he's in the mainstream of this country when you talk about 25% of the government buildings, cutting employees. you know, every poll, joe, as you know, even of republicans say people want these services. they just don't want to pay as much taxes. they want to have the spending disciplined. but i don't think they want to go as far as jindal is talking about. >> what i'm curious about is he talked ab
it grew $6 trillion under barack obama over the past term. and try to avoid some of these other issues. but i hear bobby jindal's new federalism on crack talking about cutting federal employees by three-quarters, et cetera, et cetera. that ain't going to happen. with the changing demographics and where america is and where it's going over the next 20 every 30 years. >> that's the issue. if you separate it, i think the first part not being the stupid party anymore is sort of a no-brainer....
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Jan 28, 2013
01/13
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and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. >> meanwhile, these markets are on fire. another good week for the market. the s&p 500 hitting a new five-year high. what is driving stocks? and do you think it's sustainable for the year? some of the risk has been pulled out of the of the market. so the most recent is three months. some of the ris ks. and maybe just that the election isn't determined. maybe some are happy. some are, some aren't. but it's solved. markets don't like uncertainty. so even though it wasn't very likely the european union would fall apart, even though
and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the...
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Jan 26, 2013
01/13
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obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls. richard quest is fresh off the bunny slope. ♪ my friends are al ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> all right. richard quest joins me now. he is the host of "quest means business" on cnn international. a perennial all-star in davos. richard, give our viewers a look at what this place, davos, and the world economic forum is really like
obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis,...
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Jan 26, 2013
01/13
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and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered whether their partnership would implode in a public way. but they, instead, became trusted friends. >> reporter: barack obama and hillary clinton have faced questions together before. here in a 2008 presidential debate with cnn's wolf blitzer. >> i don't want to end the war, i want to end the mind set that got us into war in the first place. that's the kind of leadership i intend to provide as president of the united states. >> and, of course -- >> senator clinton, that's a clear swipe at you. >> really? >> back then, it was a very different relationship in the midst of an already bitter rivalry. >> while i
and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered...
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Jan 24, 2013
01/13
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a boost for the economy without the government spending a dime, getting closer. 53 senators, including nine departments wrote to president obama urging him to approve the pipeline bringing canada's oil to america. a big natural gas company opens books on fracking to the epa. the end result could be a lot more american natural gas production. think about that. jobs, cheap, reliable energy moving forward and a democrat senator pushing for it will join us in minutes. ♪ all right. as i said a moment ago, we'll be joined by one of the democrat senators who signed that letter to president obama urging approval of the keystone pipeline. he will be here ten past ten eastern this morning, this program. to the big board, close to an all-time record high. the dow is now at 13,834 #, up 55 points. to nicole, apple's numbers disappoint, and, boy, is that stock taking a downturn, go. >> oh, big time, down almost 10% right now at $463. out all the people who paid $700 for apple with high hopes of the iphone 5 and apple tv and the next latest product to see it disappoint. >> the soft story of the da
a boost for the economy without the government spending a dime, getting closer. 53 senators, including nine departments wrote to president obama urging him to approve the pipeline bringing canada's oil to america. a big natural gas company opens books on fracking to the epa. the end result could be a lot more american natural gas production. think about that. jobs, cheap, reliable energy moving forward and a democrat senator pushing for it will join us in minutes. ♪ all right. as i said a...
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Jan 27, 2013
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. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information about the medicines you swallow and your heart rate and sleep,temperature, a lot of things what we call a panel of fiss logical and it commune indicates with a blue tooth phone you carry and it can help you manage your own health. >> i think we're at an inflection point. we've had all these incrementle amazing changes over the last five years and now we're poised to make great leeps in these complex disease. our understanding of cancer the last five years as dwarfed the last 25 and the next ten years will take us into some amazing advances. >> technology mont night on the communicate tors at 8:00 easte
. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information...
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Jan 29, 2013
01/13
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so you want to get reimbursed for spending a lot of money to develop them. but then again, we all have this problem with keeping health care costs down and obama care wants generic competition for biologics. what's the right road to take there? >> you know, joe, we've been in this industry for over 135 years. for us, we've taken a focus and we pursue both small molecule as well as bioological routes to address some of the most oppressing diseases out there. if you take alzheimer's, we have the biologic but we have a base inhibitor in phase two -- >> would you pay a lobbyist, would you get lobbyists for eli lilly to try to make it that you don't have to have generic competition for biologics, is that something eli lilly would do, or do you go along with it? >> well, remember, in the affordable care act we did get an extension in terms of data protection, as we should be, to at least 12 years. we believe that's very important for us to have a reasonable period to generate return on investment that we make in r&d. we still are the industry that invests the most
so you want to get reimbursed for spending a lot of money to develop them. but then again, we all have this problem with keeping health care costs down and obama care wants generic competition for biologics. what's the right road to take there? >> you know, joe, we've been in this industry for over 135 years. for us, we've taken a focus and we pursue both small molecule as well as bioological routes to address some of the most oppressing diseases out there. if you take alzheimer's, we...
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Jan 25, 2013
01/13
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i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real alternative. host: this tweet -- jeb bush of florida has this in the wall street journal this morning on solving the immigration puzzle. jeb bush says there is no line. guest: i would be with him. and i thought that romney's attacks on rick perry and newt gingrich were not fair on immigration. mitt romney was supposed to be the moderate candidate and rick perry was the right-winger. rick perry was the one who was more forward-looking and more liberal on immigration, which would have served the party better. romney by pandering to what he thought or parts of the republican base on immigration. when he men
i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real...
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Jan 29, 2013
01/13
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president obama said he will indeed sign the bill. >>> the president is also asking three communities affected by mass shootings to help convince congress to pass some new gun corol legislation. the president and members of his cabinet met month with police chiefs in aurora, colorado, oak creek, wisconsin and newtown, connecticut. the president said that no group is more important than law enforcement when it comes to the gun control phase. >>> time right now is 6:05. i'm watching your money. wall street will be watching at the federal reserve begins a two-day meeting here in d.c. at the fed's previous meeting, policymakers promised to keep interest rates near record lows till the unemployment rate falls below 6.5%. it's currently at 7.8%. unfriday the government is scheduled to release the january unemployment report. >>> yahoo reported profits and sales which beat wall street estimates. this is the first quarter under the c.e.o. marissa mayer who left google to join yahoo. >>> and hostess is expected to announce a bidder for drakes snack cakes. the company is expected to pay up to $
president obama said he will indeed sign the bill. >>> the president is also asking three communities affected by mass shootings to help convince congress to pass some new gun corol legislation. the president and members of his cabinet met month with police chiefs in aurora, colorado, oak creek, wisconsin and newtown, connecticut. the president said that no group is more important than law enforcement when it comes to the gun control phase. >>> time right now is 6:05. i'm...
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Jan 26, 2013
01/13
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and the spending deal with president obama, pretty much out of control. so, i'm hoping that steve croft will will get some answers. that will be our lead story on monday night how kroft does. he is going to have to be firm and interrupt. believe me, i have interviewed both the president and the secretary of state. and you have to pin them down. all right? because both of them can do a half hour on one question. it's going to be a fascinating thing to watch. all right? that is the factor tip of the day. check it out on 60 minutes. that is it for us tonight. please check out the fox news factor web site which is different from bill o'reilly.com. also, we would like to you spout off about the factor from anywhere in the world. o'reilly at foxnews.com. witch to opine, word of the day, do not be mendacious when writing to the factor. i would be mendacious in the interview if i was lucky enough to get one with the president and secretary of state. but don't be mendacious when writing to us. again, thanks for watching us tonight. i am bill o'reilly. please remem
and the spending deal with president obama, pretty much out of control. so, i'm hoping that steve croft will will get some answers. that will be our lead story on monday night how kroft does. he is going to have to be firm and interrupt. believe me, i have interviewed both the president and the secretary of state. and you have to pin them down. all right? because both of them can do a half hour on one question. it's going to be a fascinating thing to watch. all right? that is the factor tip of...
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Jan 30, 2013
01/13
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mcconnell: a few weeks ago president obama reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue just keeps getting wider and wider and wider. so let's take a look at it. the occupant of the chair is relatively new to the senate, but not new to the facts. the green area here represents both historic and projected tax revenue. the blue area here, the dark blue area, as you can see, really kind of flat line flatlit here to 2014, is the new revenue that the president got at the end of the new year as a result of the law. the tax rates sunsetted, expired at midnight on new year's eve. the congress then wisely continued the current tax rates for 99% of americans, made those rates permanent so you w
mcconnell: a few weeks ago president obama reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue...
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Jan 27, 2013
01/13
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obama has instituted and the growth rate of this country, even if we do not spend another dime over what we spend currently, it will take 128 years to resolve those trillions and trillions of dollars that we know. i have graduate students that could not tell you what $1 trillion is. what makes you think politicians can? >> stay with us for a moment. i want to read you a headline from where our last guest was from. with the national economy ticking up, states are poised to finally rebound from the recession lingering revenue crunch. continued budget delays may dampen those prospects. for all the talk about the fiscal cliff, states already know what a free fall in revenue feels like. tell us about what you think kentucky is facing. you talk about the debt and the deficit, but how these federal issues affect your state? >> politicians tend to use political mouth. they use of false of bass lines and artificial parameters in which they said the equations. the congressional budget office is a political institution designed by politicians to protect politicians. it does not use genuine mass. th
obama has instituted and the growth rate of this country, even if we do not spend another dime over what we spend currently, it will take 128 years to resolve those trillions and trillions of dollars that we know. i have graduate students that could not tell you what $1 trillion is. what makes you think politicians can? >> stay with us for a moment. i want to read you a headline from where our last guest was from. with the national economy ticking up, states are poised to finally rebound...
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Jan 24, 2013
01/13
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FOXNEWS
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this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that percent specht tiff will remain with me if confirmed as secretary. and i'm already excited by the many ways that we can work together, and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign policy will be in your hands, not mine, because while it's often said that we can't be strong at home if we're not strong in the world, in these days of fiscal crisis, and as a recovering member of the super committee, i am especially cognizant of the fact that we can't be strong in the world unless we're strong at home. and the first priority of business, which will affect my credibility as a diplomat, and our credibility as a nation, as we work to help other countries create order, the first priority will be that america at last puts its own fiscal house in order. i really can't emphasize to you enoug
this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that percent specht tiff will remain with me if confirmed as secretary. and i'm already excited by the many ways that we can work together, and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign...
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Jan 29, 2013
01/13
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FBC
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how the obama campaign is pushing its agenda with your private information. plus, how can washington ever get a handle on spending if they don't think spending is the problem? >> i think i have set a number of times that deficit reduction is not a goal unto itself. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. >> all that hard work was worth more than just the election. millions out at the polls in this election. today i'm proud our friends our friends and supporters are launching organizing for action. liz: the president's campaign just gained personal in
how the obama campaign is pushing its agenda with your private information. plus, how can washington ever get a handle on spending if they don't think spending is the problem? >> i think i have set a number of times that deficit reduction is not a goal unto itself. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more...
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Jan 31, 2013
01/13
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because of all the federal spending, president obama has added $5.8 trillion to the debt in just four years. so this is grim. america is in a bad place economically. but the folks don't seem to care. new "the washington post" poll says 60% of americans have a favorable opinion of president obama. that's a 3 year high. now, that approval may go down due to the sinking economy. there is no question americans like barack obama they are cutting him a tremendous amount of slack. could be style over substance because the president's achievements have been few. obama care is the law. we all know that. but corporations like boston scientific are laying off some workers. largely because of the cost they will incur for obama care health insurance. if that trend takes hold, we're all in big trouble. so we are living in a very interesting time. we have a popular president, a bad economy, and everybody paying more in taxes. simply doesn't add up. pardon the pun. and that's the memo. now for the top story tonight, an opposing point of view. with us one of the 8 a co-hosts of the five broadcast bob
because of all the federal spending, president obama has added $5.8 trillion to the debt in just four years. so this is grim. america is in a bad place economically. but the folks don't seem to care. new "the washington post" poll says 60% of americans have a favorable opinion of president obama. that's a 3 year high. now, that approval may go down due to the sinking economy. there is no question americans like barack obama they are cutting him a tremendous amount of slack. could be...
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Jan 26, 2013
01/13
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i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real alternative. host: this tweet -- jeb bush of florida has this in the wall street journal this morning on solving the immigration puzzle. jeb bush says there is no line. guest: i would be with him. and i thought that romney's attacks on rick perry and newt gingrich were not fair on immigration. mitt romney was supposed to be the moderate candidate and rick perry was the right-winger. rick perry was the one who was more forward-looking and more liberal on immigration, which would have served the party better. romney by pandering to what he thought or parts of the republican base on immigration. when he men
i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real...
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Jan 31, 2013
01/13
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FOXNEWSW
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. >> and speaker of the house, john boehner saying that president obama told him we don't have a spending problem. really? former senator jim demint is here. if we have no spending problem, senator, why do we need to extend the debt ceiling? why do we need more money? >> greta, the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history. yeast, we have the slowest recovery of any recovery in history. i spent last summer, going around my state, talking to small businesses, dozens of them. so it's very clear to me what's happening now. they were beginning to pull back because of the expected cost of obamacare, the dod-frank legislation, that was a federal takeover of our financial system is making it harder for businesses to get loans. you look at the expected tax increases, which businesses were trying to plan for, the uncertainty really goes back to the president's policies. it is not obstruction. i wish we had had more of it. the policies in place
. >> and speaker of the house, john boehner saying that president obama told him we don't have a spending problem. really? former senator jim demint is here. if we have no spending problem, senator, why do we need to extend the debt ceiling? why do we need more money? >> greta, the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history....
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Jan 26, 2013
01/13
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is it worse under obama stimulus, healthcare, does that have a big impact? >> i think it has. no question that his aagain da was to in a sense spend us out of recession and that didn't work and a lot of the money ended up being captured in washington august. if you look at the per capita average stimulus money washington, d.c. got nine times what the average american got outside of washington. >> sean: how does, washington, get 15% of all of the federal budget? >> that is the crisis we are in. the crisis is where you have a president or party of big government and the junior party s the party of little big government but you no party of limited government. what we have and you see this with the stimulus and the bailouts of the banks that everything s concentrated in washington now. the rest of the country has not pulled out of the recession. washington has the lowest unemployment and highest per cap income. >> sean: a real estate market that is the most robust in the country. they are doing fine. we are nonpartisan in this. this is both party's problems. what is scary is if yo
is it worse under obama stimulus, healthcare, does that have a big impact? >> i think it has. no question that his aagain da was to in a sense spend us out of recession and that didn't work and a lot of the money ended up being captured in washington august. if you look at the per capita average stimulus money washington, d.c. got nine times what the average american got outside of washington. >> sean: how does, washington, get 15% of all of the federal budget? >> that is the...